Company Registration No. 04507942 (England and Wales)
D M G Timber Limited
Unaudited accounts
for the year ended 31 March 2025
D M G Timber Limited
Unaudited accounts
Contents
D M G Timber Limited
Company Information
for the year ended 31 March 2025
Directors
Mr D Gore
Mr J Gore
Company Number
04507942 (England and Wales)
Registered Office
Merries Farm
Pullover Road
West Lynn
King's Lynn
Norfolk
PE34 3LS
England
Accountants
ALMS Limited
12 Orchard Drive
West Walton
Cambs
PE14 7EZ
D M G Timber Limited
Statement of financial position
as at 31 March 2025
Tangible assets
177,891
234,968
Inventories
150,500
89,350
Cash at bank and in hand
1,148,751
1,078,119
Creditors: amounts falling due within one year
(180,907)
(147,880)
Net current assets
1,151,390
1,049,173
Total assets less current liabilities
1,329,281
1,284,141
Provisions for liabilities
Other provisions
(26,360)
(36,400)
Net assets
1,302,921
1,247,741
Called up share capital
100
100
Profit and loss account
1,302,821
1,247,641
Shareholders' funds
1,302,921
1,247,741
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2025 and were signed on its behalf by
Mr D Gore
Director
Company Registration No. 04507942
D M G Timber Limited
Notes to the Accounts
for the year ended 31 March 2025
D M G Timber Limited is a private company, limited by shares, registered in England and Wales, registration number 04507942. The registered office is Merries Farm, Pullover Road, West Lynn, King's Lynn, Norfolk, PE34 3LS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
D M G Timber Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
8,667
213,771
161,643
6,800
390,881
Additions
-
1,565
-
1,023
2,588
Disposals
-
(12,909)
-
-
(12,909)
At 31 March 2025
8,667
202,427
161,643
7,823
380,560
At 1 April 2024
864
105,433
44,165
5,451
155,913
Charge for the year
433
26,883
29,371
594
57,281
On disposals
-
(10,525)
-
-
(10,525)
At 31 March 2025
1,297
121,791
73,536
6,045
202,669
At 31 March 2025
7,370
80,636
88,107
1,778
177,891
At 31 March 2024
7,803
108,338
117,478
1,349
234,968
Amounts falling due within one year
Trade debtors
27,039
17,070
Other debtors
6,007
12,514
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
80,840
23,268
Taxes and social security
60,659
96,745
Loans from directors
24,929
1,074
8
Transactions with related parties
During the year, a director was paid rent amounting to £7800 (2024 - £7200) in respect of property owned personally by him.
9
Average number of employees
During the year the average number of employees was 6 (2024: 6).